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SIFMA Market Close Recommendation for the US Labor Day Holiday in Japan

Release Date: August 26, 2013

Contact: Liz Pierce, (212)
313-1173, lpierce@sifma.org

SIFMA
Recommends Full Market Close on September 2 for Trading of US
Dollar-Denominated Fixed-Income Securities in Japan in Observance of the US Labor
Day Holiday

New York, N.Y., August 26,
2013 — SIFMA
has confirmed its previous recommendation for a full market close on Monday,
September 2 for the trading of US dollar-denominated fixed-income securities in
Japan in observance of the U.S. Labor Day Holiday.

This
recommendation applies to trading of US dollar-denominated government
securities, mortgage- and asset-backed securities, over-the-counter
investment-grade and high-yield corporate bonds, municipal bonds and secondary
money market trading in bankers’ acceptances, commercial paper and Yankee and
Euro certificates of deposit.

SIFMA’s
recommended early and full market closes are recommendations only; each member
firm should decide for itself whether its fixed-income departments remain open for
trading. All SIFMA recommendations are subject to change due to market
conditions.

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The Securities Industry and
Financial Markets Association (SIFMA) brings together the shared interests of
hundreds of securities firms, banks and asset managers.SIFMA's mission is to develop policies and
practices which strengthen financial markets and which encourage capital
availability, job creation and economic growth while building trust and
confidence in the financial industry.SIFMA, with offices in New York and Washington, D.C., is the U.S.
regional member of the Global Financial Markets Association (GFMA).For more information, visit www.sifma.org.

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